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What is Enterprise Resource Planning (ERP)

To manage and consolidate the major parts of the business ERP is applied by a company. An ERP works on the Planning of the website, purchasing of the requirements, inventory for the database, sales of the company, marketing of a particular product or a company, financial state and human resources of a company.

The ERP software is a tool which controls the business. The dependency of business is high on ERP because It helps in collection of an information about the actions and situation of different regions of the company and provides this information to other sections where this data can be used efficiently. Information on the ERP software is added by the users while the process is actually occurring. The ERP software can only be accessed the authorized users only who have a valid password and access to the network.